Federal Crime Insurance
Definition of "Federal crime insurance"
Protection under the auspices of the federal government where such insurance cannot be purchased by a homeowner, business owner, or tenant at affordable community rates. A homeowner's or tenant's personal property is covered for burglary and/or robbery, and premises for damage due to burglary and robbery. A business owner's fixtures, furniture, equipment, merchandise, money, and securities due are covered for burglary and/or robbery.
Popular Insurance Terms
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